Students Step Up With Stock Questions

Usually Cramer dedicates the second segment of his show to a specific company, but with all the rowdy Longhorns around, he just couldn't resist taking some questions. So he went straight to the students to find out what's on their minds:

Fuller, from Beaumont, Texas, asks if Cisco Systems is overvalued. Cramer says this stock, a perennial favorite, went from $18 to $29 and is still best in show. He recommends that Fuller stick with Cisco and hope it dips to $25 so others can buy in (but Cramer doesn't think it will). Luckily, the networking sector is still in "bull-market mode," he says.

Quiz Cramer

University of Texas students get to know Cramer

Justin from Dallas has a question about Dell. He's hoping Michael Dell's return to the CEO spot is the key for this company, which was once a best of breed. Cramer says, first of all, that Michael Dell is a fabulous businessman and a true visionary. He just didn't think the previous regime was all that bad. He would love to recommend the stock, but in the end, he's sticking with Hewlett-Packard. So while Dell might be a great company, it just isn't a great stock, and Cramer won't pull the trigger if that's the case.

Sarah, another Lone Star State native, had a general question about the water industry. In Texas, landowners are the de facto owners of the water on that land as well. And as water becomes more scarce in Texas and around the world, people are starting to recognize that water isn't just a resource – it could be a market play as well. So she asks Cramer if he's got a good water-recycling or water-holding company in mind? Cramer says sometimes there is just no pure play in a sector, and water is a perfect example. "When I look at water, I look at infrastructure," he says. And while he would rather look at a water-pumping company like ITT, he reminds Sarah that there's a water ETF (and Cramer hates ETFs). The bottom line with water is that it's a great concept, but there are just no standout players yet, Cramer says. Keep an eye on the water play, but there's nothing substantive to recommend right now.